As many as 1512 flats will be sold in the first phase. The tenants are project-affected people, who have lost their properties due to land acquisition for various projects.
They were given the flats on a rent of Rs 450 per month. Now, they can own theSE flats by paying Rs12lakh to Rs15lakh, said officials.
The PMC officials said that the recovery of rent had been pending from many tenants, in some cases, for years. The decision to sell the flats will solve the issue of monthly rent recovery.
“The income of the civic body has gone down during the Covid pandemic. Selling the municipal corporation-owned flats will help the PMC to generate revenue,” said a civic official.
“The civic body will be able to save money on maintaining these flats. Even after these flats are sold, they will come under the property tax net, which will help the PMC to fetch income,” said Anand Rithe, the CIC chairman.
As per the PMC data, 1081 flats are monitored by the central estate department, while 431 are looked after by the ward offices. These flats are located across ward offices in Kothrud, Ghole Road and Kasba-Vishrambaug.